Brazil Unveils New Relief for Companies Hit by US Tariffs

Bloomberg 2026-07-22 19:58:13
Context: Brazil's government has introduced a relief package to support companies affected by new US tariffs, aiming to protect key sectors ahead of the October elections. The move is part of President Luiz Inácio Lula da Silva's efforts to mitigate the impact of the tariffs on Brazilian exporters. The relief package was announced recently.

Key Facts

  • The relief package is worth 18.5 billion reais, which is equivalent to $3.7 billion, and will be provided in credit to exporters hit by the new US tariffs.

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